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HomePosts Tagged "Alekh Sanghera"
Agrotech, Award, Company News, India, Start ups, Supply Chain

It is a testament to the company’s unwavering commitment to innovation, resilience and delivery of unparalleled value within the swiftly evolving technological landscape.

FarMart, a leading global food supply platform, announced its exceptional placement in the Deloitte Technology Fast 50 India 2023. The company’s ranking among India’s top 50 fastest-growing IT enterprises highlights its sustained growth and ground-breaking innovation over the last eight years.

FarMart’s successive achievement in securing a prominent position in this year’s Deloitte Technology Fast 50 India after ranking #1 in fastest growing company in Deloitte Tech Fast 50 2022 is a testament to the company’s unwavering commitment to innovation, resilience and delivery of unparalleled value within the swiftly evolving technological landscape.

Alekh Sanghera, Co-founder and CEO of FarMart, expressed elation at this achievement, remarking, “Ranking top 5 in the prestigious Deloitte Technology Fast 50 India, for two consecutive years is a testament to our relentless pursuit of pioneering innovation within the food-tech domain. This recognition mirrors the dedication and innovative solutions our exceptional team has contributed to building a robust food economy. This accolade inspires us to persist in pushing technological boundaries, delivering impactful solutions, and shaping a progressive future in an age-old industry.”

Peeyush Vaish, Partner and TMT Industry Leader, Deloitte Touche Tohmatsu India LLP, commended FarMart’s exceptional performance, stating, “Making the Deloitte Technology Fast 50 India ranking is a testament to a company’s commitment to technology. With its work in agri and food tech, FarMart has proven that its leadership has the vision, determination, and ability to adapt and grow in a fast-changing environment.”

It is a testament to the company's

Agrotech, E-commerce, Start ups

FarMart and the Open Network for Digital Commerce (ONDC) are jointly redefining the food supply chain landscape by seamlessly connecting food value chains across the country.

FarMart, India’s fastest-growing intelligent food supply network, announced its recent launch onto ONDC, making it the first Food and Agri Tech company to do so. FarMart is utilizing the Open Network for Digital Commerce (ONDC) network to serve food manufacturing businesses in India with easy access to quality ingredients. Through this collaboration, FarMart and ONDC are jointly redefining the food supply chain landscape by seamlessly connecting food value chains across the country. forging seamless connections between food producers and manufacturers across the country.

The Food and Agri Tech company recently fulfilled a B2B bulk order of 5,000kg of flour on the network. FarMart currently has over 25 SKUs of processed products ranging from varieties of food grains, oilseeds, spices and pulses for food businesses. This collaboration will allow food businesses from all over the country to tap into FarMart’s wide network of 2 lakh+ village-level aggregators and 2,000+ processors.

Alekh Sanghera, Co-Founder and CEO of FarMart, commented on the momentous launch by saying, “FarMart mission is to make food value chains more resilient, reliable & rewarding for humanity. Being live on ONDC is a pivotal element of our distribution strategy as it enables us to seamlessly connect farming communities with food processors and eventually end consumers while ensuring traceability.”

“Being a board member at both FarMart and ONDC, this news gives me immense joy and pride. This collaboration provides improved access for farmers, small businesses, and consumers in the food supply chain which is the shared mission of both organizations. This is a big step towards digitization, traceability and efficiency of global food supply chains.”, shared Anjali Bansal, Founder and Managing Partner at Avaana Capital.

ONDC’s vision is to democratise digital commerce. Agriculture is one of the key focus areas for us, and after enabling FPOs to sell their produce to consumers across India, we are now working on enabling B2B (Bulk) transactions for agricultural commodities. I am happy to see Farmart joining the network, looking forward to more Agritech companies/agriculture commodity buyers to join network to enable e-procurement of Agriculture Commodities” T Koshy, MD & CEO, ONDC

FarMart and the Open Network for Digital

Agrotech, Company News, IT

FarMart has built data and commerce products to establish a direct farm-to-business supply chain of high-quality and verified agri-produce

FarMart, India’s top intelligent food supply network, has introduced its new-tech platform, Saudabook, to modernise the country’s food sector. FarMart is opening its own ERP (FarMartOS) to all food processors and manufacturers in India. Saudabook is a tech solution that caters specifically to the food processing and manufacturing sector, the company announced.

India’s food manufacturing sector has faced persistent challenges such as limited automation, complex supply chains, and distribution issues. With over three million food processing businesses, many of which are multi-generational family-owned enterprises, this sector contributes significantly to a $500 billion market. Despite the industry’s growth driven by rising domestic consumption and expanding export opportunities, there has been limited tech adoption and automation.

FarMart’s Saudabook aims to transform this scenario by offering its easy-to-use platform, facilitating the digitisation of the entire workflow for food processors. By adopting intelligent procurement processes through Saudabook, businesses can achieve enhanced quality and delivery controls, enabling them to keep pace with the dynamic industry demands, the company claimed.

FarMart has built data and commerce products to establish a direct farm-to-business supply chain of high-quality and verified agri-produce. It boasts a robust network of 3.2 million farmers, 250,000 village-level aggregators who sell produce on the platform, and over 2000 processors and large food businesses that purchase from the platform. With Saudabook, these linkages between India’s food manufacturing industry and India’s farming communities become even stronger, the company informed.

On launch, Alekh Sanghera, Co-founder and CEO, FarMart said, “With SaudaBook, we envision an inclusive and prosperous food economy, where every stakeholder benefits from technological advancements. We firmly believe that digitization holds the key to doubling the food and agriculture contribution to our economy, elevating farmer incomes, and ensuring the world’s access to safe and nutritious food.”

FarMart has built data and commerce products